The company’s revenue went up 936.5% to RON83.1 million from RON8 million in 2015, according to the quoted source, and the company joined the top five in its industry on the fourth place, after Gersim, World Comm and Dualtech Mobilecom, according to the IT&C yearbook of Romania published by ZF and due out next week.
Rajesh’s company has global operations and was established about two decades ago and is based in the UK. In Europe, it also has operations in Germany, Italy and Lithuania.
SOL Electronics Trading also became a top 500 exporter in Romania because it buys products from local businesses and exports them to other markets.
The top six actors on this market in Romania posted RON1.37 billion revenue together last year, up 28% on 2015. The significant growth was mainly because of the performance of SOL Electronics Trading. (EUR1=RON4.5687)
(English version by Loredana Fratila-Cristescu)